News RELEASE

Investment Banker Expands Presence to 15,555 SF at Eaton Center

Cleveland, OH, October 15, 2003: Investment banking firm, Brown Gibbons Lang & Company (BGL) has signed a 15,555 SF lease at Eaton Center, a 616,381 SF Class A office tower in downtown Cleveland, OH. Eaton Center is owned and operated by KBS Realty Advisors (www.kbsrealty.com), and is the headquarter location for Eaton Corporation, a Fortune 500 firm. The property is currently 90% occupied.

BGL (www.bglco.com) is one of the leading investment banking firms in the United States, serving middle-market businesses coast to coast and internationally. "We are very pleased to see BGL expand their presence at Eaton Center," commented Terry Kennon, Senior Vice President of KBS Realty Advisors. "Well respected firms like BGL only further enhance the quality of this property." Eaton Center serves as BGL's headquarter location.

The BGL lease was signed on September 24 and included a renewal of 10,803 SF and an expansion of 4,752 SF at the 28-story office tower. KBS Realty Advisors was represented in the transaction by Doug Leary of CB Richard Ellis. BGL was represented by Chris Livingston of The Staubach Co.

Headquartered in Newport Beach, CA, KBS Realty Advisors is a premier investment management firm specializing in real estate investments on behalf of select private and public pension fund, endowment and foundation partners. Founded in 1992, KBS has invested in excess of $4.5 billion on behalf of its clients. KBS specializes in purchasing and repositioning under-performing real estate and real-estate related assets in the United States.